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4598 Broad Street

4598 Broad Street, Virginia Beach, VA 23462
4598 Broad Street has been categorized by the local assessors in Virginia Beach, VA as a office type of property. The building on the property was first built in 1982 and is 42 years old. The building has a total of 2 stories. In addition, 4598 Broad Street has 5,040 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,601 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 1 code building. This code stands for "buildings that have fireproofed structural steel frames carrying all wall, floor and roof loads. The walls, floors and roof structures are built of non-combustible materials.". Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with other control joints. The roof of the building is made of tar and gravel. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4598 Broad Street was last sold in Aug 31, 2023 for $1,500,000. According to our calculations, that's $297.62 per sqft. Prior to that sales transaction, the property was sold for $1,000,000 in Apr 8, 2021. Current property owners are expected to pay $8,753 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 4598 Broad Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $884,100. To break that down further, the land itself was valued at $247,200. While improvements to the property were assessed at a total of $636,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Other
  • Exterior Walls Type: Brick
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 18
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,601
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,040
  • Gross Building Area: 5,040
  • Building Area: 5,040
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Fireproof structural steel frames/Non-combustible materials
  • Property Class: Office
  • Land Acres: 0.358
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: PEMBROKE MANOR SEC 1 PAR A-2

Ownership

  • Current Owner : 4598 BROAD ST LLC
  • Previous Owner : CR ASSETS LLC
  • Owner Before Previous Owner: BROAD STREET ASSOCIATES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 041002

Zoning

  • Zoning: 30

Geography

  • Assessors Map Reference: PM E073
  • Parcel: 14774602980000
  • Municipality: BAYSIDE
  • Latitude: 36.8465
  • Longitude: -76.1377

    Address

  • Full Address: 4598 Broad St
  • Address - House Number: 4598
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C065
  • 4-Digit Zip Code: 2861
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,753
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: D04

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,611,000
  • First Open Lien Mortgage Lender: SOUTHERN BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Sep 01, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,611,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $884,100
  • Market Land Value: $247,200
  • Market Improvement Value: $636,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $884,100
  • Assessed Land Value: $247,200
  • Assessed Improvements Value: $636,900

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11912046461
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 33698
  • Previous Sale Recording Date: Apr 12, 2021
  • Previous Sale Contract Date: Apr 08, 2021
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN BANK & TRUST COMPANY
  • First Mortgage Transaction Date: Sep 01, 2023
  • First Mortgage Loan Amount: $1,611,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Apr 12, 2021
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northwest Virginia Beach



Similar Buildings

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Nearby Rentals

Unit for rent at 616 Waters Drive, Virginia Beach, VA, 23462

$1,400 /mo

  • 2 Beds
  • 2 Baths
  • 915 ft²
616 Waters Drive, Virginia Beach, VA, 23462 Listing by Adam Poyner

Frequently Asked Questions

What neighborhood is 4598 Broad Street located in?
The 4598 Broad Street is a located in the neighborhood of Northwest Virginia Beach in Northwest Virginia Beach, Virginia Beach.
What is the average sales price for listings in 4598 Broad Street?
The average sales price for units in 4598 Broad Street is $0 currently.

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